BareLaws
SECTION

Section 2 — Definitions

From: The Small Industries Development Bank of India Act, 1989

2. Definitions .-In this Act, unless t he context otherwise requires, -

(a)“Board ” means the Board of directors of the Small Industries Development Bank of India referred to in section 5; 2[(b) “chairman and m anaging director ” means the chairman and m anaging d irector referred to in clause ( a) of sub -section ( 1) of section 6;]
(c)“Court ” means the High Court with in the local limits of whose jurisdiction, -
(i)the defendant or respondent or, where there is more than one defendant or respondent, any one of them -
(1)has his registered office, or
(2)carries on the whole or part of his business, at the time of commencement of any legal proceedings against him under t his Act, or
(ii)the cause of action for such legal proceedings, wholly or in part, arises;
(d)“Development Bank ” means the Industrial Development Bank of India established under